To amend the Internal Revenue Code of 1986 to increase the dollar limitation on expensing certain depreciable assets and to extend the deduction for an additional year.

Summary

Amends the Internal Revenue Code to: (1) increase to $250,000 the expensing allowance for depreciable business assets in 2010 and 2011; and (2) extend through 2011 related provisions, including increased expensing for certain computer software.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 23 February 2010

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 23 February 2010

   Introduced

   Introduced in House

   Source: IntroReferral

3. 23 February 2010

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 23 February 2010 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 23 February 2010

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 23 February 2010

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 23 February 2010

  Open at official source

Sponsors

• Rep. Hodes, Paul W. [D-NH-2] · D · Sponsor
• · hswm00 · Standing

Related records

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